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5703 - 118 Avenue, Edmonton, Alberta, T5W 1E2

MLS® # 45396794
Investment For Sale In Highlands, Edmonton, Alberta
$2,475,000
5703 - 118 Avenue, Edmonton, AB - Outdoor
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MULTIMEDIA

5703 - 118 Avenue, Edmonton, Alberta, T5W 1E2
$2,475,000

Property Information:

5703-5733 118 Avenue16-unit multifamily property featuring all two-bedroom suites with private entries and in-suite laundry, generating approximately $209,000 in annualized gross income with a stabilized NOI of approximately $127,500. Well-located in Edmontons Highlands neighbourhood with surface parking and convenient access to 118 Avenue amenities, transit, shopping, and major roadways. (id:27)

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Size: 8632.73 Square Feet

Courtesy of: NAI Commercial Real Estate Inc

REALTOR.ca  

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Market Price Trends

Single family detached

9.61%

Price change (1 year)

20.35%

Price change (5 years)

All Properties

9.62%

Price change (1 year)

20.27%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5703 - 118 Avenue, Edmonton, Alberta, T5W 1E2

Demographic Information of 5703 - 118 Avenue, Edmonton, Alberta, T5W 1E2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$102,501.08

Average Number of Children

1.92

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.33 %

High school certificate or equivalent

33.35 %

Apprenticeship trade certificate/diploma

7.22 %

College/non-university certificate

17.06 %

University Degree

21.04 %

Commuter

Travel To Work

By Car

86.86 %

By Public Transit

6.47 %

By Walking

0.91 %

By Bicycle

0.0 %

By Other Methods

5.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.1 %

Houses

83.9 %

Own Vs. Rent

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